This site, like many others, uses small files called cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on this website (Cookie Policy). However, if you would like to, you can change your cookie settings at any time.

Davies Group seeks expansion funding

By Helene Dancer2006-11-09T00:00:00+00:00

Loss adjuster the Davies Group is raising finance to fund expansion plans into a new handling process for subsidence, among other projects.

Malcolm Edwards, partner at the firm, confirmed that the group had "various plans" to expand its processes. "We are looking into subsidence handling and other projects, which we've not yet disclosed," he said.

This announcement comes amid rumours of a management buy-out at the group - speculation that Edwards quashed. "We have partners at the group, so a management buy-out wouldn't be an option," he said.

It is understood Davies Group turnover is £30m.

The Davies Group focuses on sectors including construction and engineering and offers a liability claims service, including public, employers and third party liability.